To those who have read my other post regarding this gentleman, here is a bit more elaboration. To preface this synopsis, though, let's be clear that many many mistakes were made on all our (investors') end, so for ...
Hi friends,
I have noticed that most folks on the forum here at BP are very concerned about not breaking the Fed laws that many people under-look state licensing requirements.
Below is a list of the requirements fro...
Quick introduction: I'm coming off my first investment, a deal where I'm househacking a 4 bedroom, 2.5 bathroom townhome in San Jose, CA. I purchased for $715,000, live in the master, and rent out the other 3 bedrooms...
Hi BP familyLiving in Louisiana I'm beginning to receive calls about people wanting to get rid of their flooded houses from the 2016 flood. I have never thought about flooded properties before so I decided to reach o...
Hi BP, I'm being offered this note secured by a deed of trust for the following:Duplex:Side 1: 4x2Side 2: 2x1Sqft: 1,578Total beds 6, total baths 3Total Monthly rental income: $2,100Deal Details $290,000 Fair Market V...
I purchased a property in Miami Dade a few years back. A year after owning it, a new tenant moved in and when she tried to turn the water service on, she was told there was a lien for unpaid water. The water company w...
Im new to investing and thinking about the BRRRR strategy. When cash refinancing a property, the “New loan” after the refinance is higher so doesnt that decrease your cash flow?I understand that you are taking the cas...
Just checked the total US money in circulation M2, increased from 15.5 trillion end of 2019 to about 18.4 trillion, roughly 20% in the first 5 month of 2020. Theoretically and historically, M2 is directly correlated w...
We are in escrow on a duplex zoned R2 that has a detached garage that was converted into an additional unit without permits. The housing department states that it needs a new certificate of occupancy because it's no l...
I had a rental house in Kansas City come vacant in January and hired a handyman ..in process of trying to become a contractor (he had recently formed an LLC company)... to replace some tiles and paint...simple job and...